Shlokka Dyes Limited: Independent Director Resigns, Citing Professional Commitments
Mr. Meet Jayantilal Joshi has resigned as Independent Director of Shlokka Dyes Limited, effective December 14, 2025. He cited pre-occupation and other professional commitments as reasons for his departure. This resignation will affect his positions in the Audit Committee, Nomination and Remuneration Committee, and Stakeholders Relationship Committee. The company confirmed compliance with SEBI regulations regarding the resignation.
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Shlokka Dyes Limited has announced the resignation of Mr. Meet Jayantilal Joshi (DIN: 10832784) from his position as an Independent Director, effective December 14, 2025. The company disclosed this information in a regulatory filing to the BSE Limited on November 20, 2025.
Resignation Details
Mr. Joshi cited pre-occupation and other professional commitments as the reasons for his departure. His resignation will result in his cessation from the following committees:
- Audit Committee
- Nomination and Remuneration Committee
- Stakeholders Relationship Committee
Key Points of the Resignation
| Aspect | Details |
|---|---|
| Effective Date | December 14, 2025 |
| Reason for Resignation | Pre-occupation and other professional commitments |
| Other Material Reasons | None stated |
| Regulatory Compliance | In line with SEBI Regulations and Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024 |
Mr. Joshi has confirmed that there are no other material reasons for his resignation beyond those mentioned in his resignation letter. The company has assured compliance with the necessary regulatory requirements, including filing the required forms with the Registrar of Companies.
This change in the board composition comes as Shlokka Dyes Limited adjusts to the departure of a key independent director. The company will need to address the vacancy in its board and the affected committees to ensure continued adherence to corporate governance standards.
Historical Stock Returns for Shlokka Dyes
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -6.94% | -41.73% | -42.26% | -54.82% | -54.82% | -54.82% |
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